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AxisDirect Vs HDFC Sky Vs Groww: Which one is better?

The brokerage of AxisDirect ranges between 0.05% to 0.5%, the brokerage of HDFC Sky ranges between Rs 20, while the brokerage of Groww ranges between Rs 20. The broker HDFC Sky and Groww are a discount brokers where AxisDirect is a full service broker. Overall rating for AxisDirect is 3.5, HDFC Sky is rated 4, Groww is rated 4 out of 5.

Here we present side-by-side comparison of AxisDirect vs HDFC Sky vs Groww stock brokers in India. The comparison is based on more than 100+ attributes for each stock broker. To be precise, we have compared AxisDirect vs HDFC Sky vs Groww on brokerage plans, Plan types, Customer Service, Maintenance fees, AMC, Trading Platforms, Rating, Reviews, Mobile App, Margin/Leverage/Exposure, Demat Account and Investment Options services. This will help you in make up your mind and clear things for you so that you can choose the best broker to open your trading and demat account. You can get answer for general question like which is better AxisDirect vs HDFC Sky vs Groww in this setion with 360 degree view of broker information.

Compare AxisDirect vs HDFC Sky vs Groww on Service

  AxisDirect Compare
AxisDirect
HDFC Sky Compare
HDFC Sky
Groww Compare
Groww
Overall Rating
Brokerage Charges
Trading Platform
Investments Offering
Customer Service
Broker Type Full Service Broker Discount Broker Discount Broker
Exchanges Supported NSE, BSE NSE, BSE, MCX NSE, BSE
Broker Overview Axis Direct is a leading player in the retail broking space. The 3-in-1 account with Axis Direct is a single platform to trade in different asset classes, access innovative Ring powerful-technology trading platform, quality research calls & advis... Know more about AxisDirect HDFC Sky is the only bank-based discount stock broker in India. Free demat and trading account opening, Rs 20/order maximum brokerage charges across all segments, simple yet elegant user interface enabled HDFC Sky mobile app, and free research & advi...Know more about HDFC Sky Groww is the top broker for beginners to invest in direct mutual funds for Free and trade in stocks at a Rs 20 flat fee! Also, its easy-to-use, crystal clear user interface, and safe & secure Groww app and web-based platform makes investing hassl... Know more about Groww
Broker Enquiry Request call back from Zerodha Request call back from Zerodha Request call back from Zerodha
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Account Opening Charges and AMC

Compare AxisDirect vs HDFC Sky vs Groww on Trading & Demat Account Opening Charges

In this section we have compared AxisDirect vs HDFC Sky vs Groww on trading & demat account opening charges and AMC. Trading account opening charges - HDFC Sky and Groww offer Free account opening where AxisDirect charges Rs 999 for account opeing. Demat AMC charges - AxisDirect charges Rs 750 PA (Free for 1st year) as AMC for Demat account, HDFC Sky charges Rs 240 PA (Free for 1st year) AMC for Demat account, where Groww charges Free AMC for Demat account.

Trading & Demat Account Opening Charges - Compare AxisDirect vs HDFC Sky vs Groww
Charges AxisDirect HDFC Sky Groww
Trading Account Opening Fees Rs 999 Free Free
Trading AMC Free Free Free
Demat Account Opening Fees Free Free Free
Demat AMC Rs 750 PA (Free for 1st year) Rs 240 PA (Free for 1st year) Free
Provide DP Service Yes Yes Yes
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About Brokerage Plans

Compare AxisDirect vs HDFC Sky vs Groww on Plan Options

Plans are the most important feature you look when compare AxisDirect vs HDFC Sky vs Groww. This section copare on high level about type of plans offered by brokers. Miltiple Plans - AxisDirect offers Multiple Plans where HDFC Sky and Groww doesn't offer. Monthlay Plans - All 3 brokers don't have Monthy Plans.

Compare AxisDirect vs HDFC Sky vs Groww on Plan Options
Plan Types AxisDirect HDFC Sky Groww
Multiple Plans Yes No No
Monthly Plans No No No
Yearly Plans No No No
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Account Opening Request

Account Opening

  Zerodha Zerodha Zerodha
Account Opening Request
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Brokerage Charges

Compare AxisDirect vs HDFC Sky vs Growwon Brokerage Charges

AxisDirect Brokerage Plan detail - Axis Direct has a fixed % based brokerage plan that charge a fixed brokerage fee on trading across segments.

HDFC Sky Brokerage Plan detail - HDFC Sky follows a fixed pricing model that charges a maximum of Rs 20 per order brokerage fee across segments.

Groww Brokerage Plan detail - Flat brokerage plan that charges Rs. 20 per order on trading in intraday segment whereas offers free delivery trading.

Brokerage Charges - Compare AxisDirect vs HDFC Sky vs Groww
Brokerage Charges Compare AxisDirect HDFC Sky Groww
Plan Name Fixed Brokerage Trading Plan (Percentage Based) Fixed pricing model Flat Brokerage Plan
Equity Delivery 0.50% (Each leg) 0.1% or Rs 20 whichever is lower 0.05% or Rs 20 whichever is lower
Equity Intraday 0.05% (Each leg) 0.1% or Rs 20 whichever is lower 0.05% or Rs 20 whichever is lower
Equity Futures 0.05% (Each leg) 0.1% or Rs 20 whichever is lower Flat Fee Rs 20
Equity Options Intraday: Rs 0.01 per lot | Carry Forward: Rs 10 per lot Flat Fee Rs 20 Flat Fee Rs 20
Currency Futures 0.05% (Each Leg) 0.1% or Rs 20 whichever is lower Not Available
Currency Options Intraday: Rs 0.01 per lot | Carry Forward: Rs 10 p Flat Fee Rs 20 Not Available
Commodity Trading Futures: 0.03% (Each leg)| Options: Rs. 50 per lot Flat Fee Rs 20 Not Available
Minimum Brokerage
Hidden Charges No No
Call & Trade Charges Free 20 calls per month, and after Rs. 20 per order Rs 20 per call Rs 50 Per Executable Order
Auto Square off Charges 20 calls Free and after that Rs 20 per call 0.1% or Rs 20 whichever is lower Rs 50 Per Executable Order
Brokerage Calculator Brokerage Calculator for AxisDirect Brokerage Calculator for HDFC Sky Brokerage Calculator for Groww
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Share Broker's Transaction Charges

Compare AxisDirect vs HDFC Sky vs Groww on Transaction Charges

Compare AxisDirect vs HDFC Sky vs Groww on transaction charges and PCM fee by segment.

Transaction Charges - Compare AxisDirect vs HDFC Sky vs Groww
Transaction Charges Compare AxisDirect HDFC Sky Groww
Equity Delivery NSE:335 Per Cr | BSE:375 Per Cr NSE:335 Per Cr | BSE:375 Per Cr NSE:335 Per Cr | BSE:375 Per Cr
Equity Intraday NSE:335 Per Cr | BSE:375 Per Cr NSE:335 Per Cr | BSE:375 Per Cr NSE:335 Per Cr | BSE:375 Per Cr
Equity Futures NSE:200 Per Cr | BSE:FREE NSE:200 Per Cr | BSE:FREE NSE:200 Per Cr | BSE:FREE
Equity Options NSE:5050 Per Cr | BSE:3700 Per Cr NSE:5050 Per Cr | BSE:3700 Per Cr NSE:5050 Per Cr | BSE:3700 Per Cr
Currency Futures NSE:90 Per Cr | BSE:25 Per Cr NSE:90 Per Cr | BSE:25 Per Cr NSE:90 Per Cr | BSE:25 Per Cr
Currency Options NSE:4000 Per Cr | BSE:100 Per Cr NSE:4000 Per Cr | BSE:100 Per Cr NSE:4000 Per Cr | BSE:100 Per Cr
Commodity NA NA
Brokerage Charges Complete Brokerage Plans for axisdirect Complete Brokerage Plans for hdfc-sky Complete Brokerage Plans for groww
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Account Features

Compare AxisDirect vs HDFC Sky vs Groww on Account Features

Compare AxisDirect vs HDFC Sky vs Groww on Account Features like 3-in-1 account, Algo Trading, NRI Trading, Margin Trading Funding and many more. Account Type - AxisDirect and HDFC Sky offers 3-in-1 Account where Groww offers only 2-in-1 account which includes trading and demat account. Margin Funding -All 3 brokers offers Margin funding. Interest need to be paid on borrowed money. NRI Trading - AxisDirect and HDFC Sky offers NRI Trading where Groww doesn't offers NRI Trading.

Account Features - AxisDirect vs HDFC Sky vs Groww
Account Features Compare AxisDirect HDFC Sky Groww
3 in 1 Account Yes, AxisDirect have 3-in-1 accounts. Bank Account, Demat and Trading account. Yes, AxisDirect have 3-in-1 accounts. Bank Account, Demat and Trading account. No Groww have 2-in-1 account. Only Demate and Trading account.
Charting Yes Yes Yes
Algo Trading No No No
SMS Alerts Yes Yes No
Online Demo Yes Yes No
Online Portfolio Yes Yes Yes
Margin Trading Funding Available Yes Yes Yes
Combined Ledger for Equity and Commodity Yes Yes No
Intraday Square-off Time 2:45 PM 3:15PM 3:10 PM
NRI Trading Yes Yes No
Other Features NIL NIL NIL
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Trading Platform

Compare AxisDirect vs HDFC Sky vs Growwon Trading Platform

With our expert research team, we have compared all the major features of Trading platform b/w AxisDirect vs HDFC Sky vs Groww. This comparison covers Desktop Trading Platform, Web, Mobile for Windows, Android and iOS. We have provided link for mobile app to download and demo links for easy access.

Trading Platform - Compare AxisDirect vs HDFC Sky vs Groww
Trading Platform Compare AxisDirect HDFC Sky Groww
Web Trading Platform Yes Yes Yes
Web Trading Detail

https://login.axisdirect.in/

https://hdfcsky.com/

Yes

Web Trading Demo Web Trading Demo Web Trading Demo Web Trading Demo
Mobile Trading Yes Yes Yes
Mobile Trading App AxisDirect Ring Mobile App HDFC Sky App Groww App
Mobile Trading App Demo AxisDirect Ring Mobile App Demo HDFC Sky App Demo Groww App Demo
Android Mobile App Yes Yes Yes
Android App Download Andriod AxisDirect Ring Mobile App Download Andriod HDFC Sky App Download Andriod Download
iPhone Mobile App (IOS) Yes No Yes
iOS App Download iOS AxisDirect Ring Mobile App Download iOS HDFC Sky App Download iOS Groww App Download
Android Tablet App Yes Yes Yes
iPad App (IOS) Yes Yes Yes
Trading Software Charges Yes, DirectTrade - Rs 2999 PA Free Free
Equity Brokerage Calculator Equity Intraday and Delivery Brokerage Calculator for AxisDirect Equity Intraday and Delivery Brokerage Calculator for HDFC Sky Equity Intraday and Delivery Brokerage Calculator for Groww
Futures Brokerage Calculator Futures Brokerage Calculator for AxisDirect Futures Brokerage Calculator for HDFC Sky Futures Brokerage Calculator for Groww
Options Brokerage Calculator Options Brokerage Calculator for AxisDirect Options Brokerage Calculator for HDFC Sky Options Brokerage Calculator for Groww
Detail Detail on Trading Platforms for axisdirect Detail on Trading Platforms for hdfc-sky Detail on Trading Platforms for groww

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Broker Ratings by Users

Compare AxisDirect vs HDFC Sky vs Groww on User Rating

  AxisDirect HDFC Sky Groww
  20 Customer Reviews    Rate AxisDirect 97 Customer Reviews    Rate HDFC Sky 20 Customer Reviews    Rate Groww
Fees Ratings
Trading Brokerage Rating
Trading Platform Usability
Customer Service Ratings
Overall Ratings
Broker Rating AxisDirect is Rated 0.7 / 5 based on 20 customer reviews HDFC Sky is Rated 2.4 / 5 based on 97 customer reviews Groww is Rated 1.7 / 5 based on 20 customer reviews
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Investment Offerings

Compare AxisDirect vs HDFC Sky vs Groww on Investment Offerings

Compare AxisDirect vs HDFC Sky vs Groww on Investment Offerings like Online IPO Application, Equity Cash and F&O, Currency, Commodity Trading, Mutual Funds Investment, Bonds/NCD, EFT, Banking, Insurance, Forex Trading, Mutual Funds SIP, Equity SIP, PMS Services. Equity and Equity deravitives - All 3 brokers offers trading/investment in Equity and Equity Derivatives on both the exchanges NSE/BSE. Commodity Trading - AxisDirect and HDFC Sky offers Commodity Trading where Groww doesn't offers Commodity Trading. Online Mutual Fund Investment - All 3 brokers offers online mutual fund investment. Portfolio Management Services (PMS) - All 3 brokers doesn't offer PMS facility.

Investment Offerings - Compare AxisDirect vs HDFC Sky vs Groww
Investment Offerings Compare AxisDirect HDFC Sky Groww
Equity Cash and F&O Yes Yes Yes
Currency Deravitives Yes Yes No
Commodity Yes Yes No
Online IPO Application Yes Yes Yes
Mutual Funds Yes Yes Yes
Bond / NCD Yes Yes No
ETF Yes Yes Yes
Banking Yes Yes No
Insurance Yes No No
Forex No No No
MF SIP Investment Yes Yes Yes
Equity SIP Investment Yes Yes No
PMS Service No No No
Other Investment Options NIL NIL
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Customer Service Offered

Compare AxisDirect vs HDFC Sky vs Groww on Customer Service

Compare AxisDirect vs HDFC Sky vs Groww on customer service offered by the broker. This section compare type of service offered by each broker for quick resoluation for queries/issue you have.

Customer Support - Compare AxisDirect vs HDFC Sky vs Groww
Customer Service Compare AxisDirect HDFC Sky Groww
24/7 Customer Service No No No
Email Support Yes Yes Yes
Onine Live Chat Yes No Yes
Phone Support Yes Yes Yes
Toll Free Number Yes No No
Through Branches Yes Yes No
Customer Care Number 022-61480808 1800 121 2109 9108800604
Account Opening Process Online Online Online
Customer Support Email [email protected] [email protected] [email protected]
Knowledge Center/Education https://simplehai.axisdirect.in/learn/overview https://hdfcsky.com/learn https://groww.in/academy
Head Office Address Unit No. 2, Phoenix Market City,
15, LBS Road,
Near Kamani Junction,
Kurla (West),
Mumbai- 400 070.
LODHAI-I THINK TECHNO CAMPUS BLDG-ALPHA,
8 FLR, NEAR KANJURMARG RLYSTN,
KANJURMARG,
MUMBAI-MH-400042
Groww Head Office
1st Floor, Proms Complex, SBI Colony,
1 A Koramangala, 560034
Website https://simplehai.axisdirect.in https://hdfcsky.com/ https://groww.in/
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Tips/Research/Reports Published

Compare AxisDirect vs HDFC Sky vs Groww on Research Reports, Tips

Compare AxisDirect vs HDFC Sky vs Groww on research reports and tips provided by broker.

Research Reports - Compare AxisDirect vs HDFC Sky vs Groww
  AxisDirect HDFC Sky Groww
Research Mutual Funds Yes Yes No
Research Equity Reports Yes Yes No
Research ETF Yes Yes No
Daily Market Report Yes Yes No
Free Tips Yes Yes No
Quarterly Result Analysis Yes Yes No
News Alerts Yes Yes No
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Demat Account

Compare AxisDirect vs HDFC Sky vs Groww on Demat Account

Compare AxisDirect vs HDFC Sky vs Groww on Demat Service and Charges. This section cover about demat charges, demat service and other details

Demat Charges - Compare AxisDirect vs HDFC Sky vs Groww
  AxisDirect HDFC Sky Groww
DP Source CDSL CDSL CDSL
DP ID 49200 12400 88700
Demat Account Annual Maintenance Charges(AMC) ₹500 pa ₹750 pa Zero
Advance Deposit Nil Customer having only Depository relationship with the Bank has to pay an advance fee of Rs.7,500/- Nil
Statutory charges Nil Nil Legal Charges
Transaction Charges on Debit (Per ISIN) ₹10 0.04% (Min ₹20) + CDSL charges ₹8 + ₹5.50 CDSL charges
Demat ₹3 per certificate ₹5 per certificate + ₹35 request charges ₹150 per certificate + courier charges
Remat ₹10 for every hundred securities (Min ₹10) ₹30 ₹150 per certificate + courier charges
Pledge Creation ₹25 Nil ₹20 + Rs. 12 per request (CDSL Charges)
Pledge Creation Confirmation ₹25 0.04% of transaction value (Min ₹40) ₹20 + Rs. 12 per request (CDSL Charges)
Pledge Closure ₹25 Nil ₹20 + Rs. 12 per request (CDSL Charges)
Pledge Closure Confirmation ₹25 0.04% of transaction value (Min ₹40) ₹20 + Rs. 12 per request (CDSL Charges)
Pledge Invocation Nil 0.04% of transaction value (Min ₹40) ₹20 + Rs. 12 per request (CDSL Charges)
Failed Instruction Charges Nil Nil ₹50
Other Charges
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Special Offers,Advantages,Disadvantages

Compare AxisDirect vs HDFC Sky vs Groww on Special Offers and Promotion

Compare AxisDirect vs HDFC Sky vs Groww on general features, advantages, disadvantages, pay out options, payout time, bank supported and charges, special offers and promotion.

Compare AxisDirect vs HDFC Sky vs Groww on Special Offers and Promotion
  AxisDirect HDFC Sky Groww
Likes
  • Open paperless 3-in-1 account (Bank + Demat + Trading).
  • One-stop shop to trade on BSE, NSE, and MCX.
  • Zero Demat AMC for 1st year for Axis Bank account holders.
  • Multiple brokerage plans for traders and investors.
  • Trade in options at flat Rs. 10/order.
  • Unlimited Brokerage-free options trading for the first month.
  • Ring revolutionary app and desktop-based platforms provide an investment opportunity.
  • Free trading tools like scanners, options strategies, advanced charting, & indicators.
  • Get free trading calls, investment ideas, and research reports.
  • Hassle-free investment in bonds & debenture on the “Yield” platform.
  • AI-powered investment ideas and wealth management advisory services.
  • Buy Now and Pay Later with E-margin.
  • Free 20 calls per month.

Detail Review...

Want to know why to trade with HDFC Sky, here are the promising reasons;

  • Instant paperless account opening
  • Zero account opening charges and no maintenance fee for 1st year
  • Invest in equity, F&O, currencies, and commodities
  • Invest in 2000+ mutual funds from 29+ fund houses
  • Lowest brokerage fee of Rs 20/order
  • Zero commission mutual fund investment.
  • Invest in expert-recommended mutual fund schemes.
  • Global market investment in US stocks and ETFs
  • Stacks: Expert-curated basket of US Stocks and ETFs
  • Trade on HDFC Sky app or web as per your convenience
  • Place advance orders like basket orders, bracket order, cover order, and GTT order.
  • Free research reports and daily trading calls or tips.
  • Learning platform for newbies to experts
  • No minimum balance commitments
  • No hidden charges

Detail Review...

  • Trade or invest in equity, F&O, mutual funds, IPO, US Stocks
  • Rs 0 account opening fee with no AMC
  • Best UI Interface-enabled app and website
  • Equity and F&O trading at Rs 20 maximum brokerage
  • No cost investment in direct mutual funds.
  • TradingView charts and wide range of technical indicators
  • Advance orders like GTT, Target order, and Basket order
  • Get instant and flexible loans on Groww
  • Get the latest trending news and updates on the Groww Digest

Detail Review...

Dislikes
  • High account opening fees.
  • It charges a higher brokerage fee than discount brokers like Zerodha, Upstox, etc.
  • It does not have a flat discount brokerage plan.

Detail Review...

  • Delivery trading is not free while Zerodha offers free delivery trading
  • Desktop trading software is not available
  • Direct mutual funds are not offered.

Detail Review...

  • Does not offer commodity and currency trading
  • No desktop trading terminal
  • Bracket order and cover order are not available
  • No intraday trading tips and stock research reports
  • NRIs cannot open an account in Groww

Detail Review...

Special Offers/Promo Get Axis Direct 3-in-1 account, an integrated trading + demat + bank account for one-click investment in stock market and mutual funds.
Enquire for AxisDirect Enquire for HDFC Sky Enquire for Groww

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